A.S.K PROSJEKT AS: årsregnskap 2021 vs 2020
Grew 684% on revenue, stronger earnings
registry 2022-07-23; journal 2022 763224
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.S.K PROSJEKT AS. Revenue 48.0k NOK → 376.2k NOK (+684.4%). Net result -269.8k NOK → -41.3k NOK. Equity -219.9k NOK → -261.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A.S.K PROSJEKT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 48.0k NOK to 376.2k NOK (+684.4% YoY). Calculated
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Operating result improved
Operating result -337.4k NOK → -49.4k NOK (op. margin -703.5% → -13.1%). Calculated
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Net result improved
Net result -269.8k NOK → -41.3k NOK (net margin -562.6% → -11.0%). Calculated
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Cash rose
Bank deposits 5 651 NOK → 8 093 NOK (+43.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -219.9k NOK → -261.2k NOK (equity ratio -203.0% → -260.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -260.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 78.0k NOK → 247.5k NOK (+217.5% YoY). Calculated